Tag: Cryptocurrency

Bitcoin Is Growing Up as Deliverable Futures Start Trading

(Bloomberg) — Bitcoin is growing up.Monday marks the debut of futures contracts offered by Intercontinental Exchange Inc. that can result in delivery of the digital currency, a new chapter in Bitcoin’s tumultuous 10-year history. The first federally regulated market to buy and sell Bitcoin could entice
— Read on ca.finance.yahoo.com/news/bitcoin-growing-deliverable-futures-start-230000211.html

China says new digital currency will be similar to Facebook’s Libra – Reuters

China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said.
— Read on www.reuters.com/article/us-china-cryptocurrency-cenbank/china-says-new-digital-currency-will-be-similar-to-facebooks-libra-idUSKCN1VR0NM

Carney Urges Libra-Like Reserve Currency to End Dollar Dominance – Bloomberg

Mark Carney laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a Libra-like virtual one.
— Read on www.bloomberg.com/news/articles/2019-08-23/carney-urges-libra-like-reserve-currency-to-end-dollar-dominance

6 things we’re still wondering about Libra, Facebook’s new cryptocurrency coming in 2020

Libra, a new cryptocurrency created in part by Facebook, isn’t launching until 2020, and there are still a few unanswered questions.
— Read on www.msn.com/en-ca/money/topstories/6-things-were-still-wondering-about-libra-facebooks-new-cryptocurrency-coming-in-2020/ss-AAD9Atu

Facebook called before Senate panel over digital currency project – Reuters

Facebook Inc’s plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.
— Read on www.reuters.com/article/us-facebook-crypto-senate/facebook-called-before-senate-panel-over-digital-currency-project-idUSKCN1TK2SX

Facebook’s Libra cryptocurrency could raise regulatory issues: BoE deputy governor – Reuters

Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday.
— Read on www.reuters.com/article/us-facebook-crypto-boe/facebooks-libra-cryptocurrency-could-raise-regulatory-issues-boe-deputy-governor-idUSKCN1TL0QR

Crypto bulls hail Facebook’s reported move into digital assets as a key moment in tech history

Facebook’s reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.
— Read on www.cnbc.com/2019/06/17/crypto-bulls-hail-facebooks-reported-move-into-digital-assets-as-a-key-moment-in-tech-history.html